Calls Purchased on The Kroger Co.

Shares of The Kroger Co. KR are lower on the session by 0.85%, currently trading at $23.21. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the June 2011 $24.00 call was purchased 3,000 times, on the offer, on open interest of 1,172 contracts. Overall call volume is now running at 5.92x the daily average with 79% of all calls traded being purchases on the offer. The Kroger Co. is a retailer in the United States. The company also manufactures and processes some of the food for sale in its supermarkets. As of January 30, 2010, the company operated, either directly or through its subsidiaries, 2,468 supermarkets and multi-department stores, 893 of which had fuel centers.